The Microcap Kitchen: Stocks 5¢ to $5 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D. K. G. who wrote (43164)	11/19/2005 11:54:19 AM
From: D. K. G.	of 120406

VitalStream Holdings - VSTH-OTCBB Buy - Price 1.00 on Nov. 15 by Merriman Curhan Ford Initiating coverage at Buy. Leveraging its content-delivery network (CDN), VSTH offers rich media and video-streaming services. Adoption of broadband connectivity is driving deployment of multimedia content (video, music, flash-based ads)....VitalStream grew revenues during [the]first nine months of FY05 by 60% year-over-year, and we expect y/y growth into FY06 in the 30% to 40% range....Revenues are projected to reach $15.3 million in FY05 (up 54%) and $21.0 million in FY06 (up 37%)....We expect VSTH to break into net income profitability in early FY07....We like the company's differentiated media-management software, [flash-content-streaming] expertise, rapidly growing market [and] recurring revenue model. At the end of September, the company had about $7 million in cash and restricted cash on its balance sheet...Among catalysts we believe could lead an upside to our estimates: listing on the Nasdaq. At $1 per share, VitalStream is valued at a $84 million market cap (based on a fully diluted share count, including 18.7 million warrants and options in the money) and at $71 million enterprise value. =============================== The above per Barron's.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next